Australia to tax Meta if it doesn’t pay news publishers

The Australian government has announced plans for a levy on tech giants designed to incentivise them to do commercial deals with publishers. The News Bargaining Incentive (NBI) would require large search and social media services to pay 2.25% on their Australian revenue. This money would be “distributed back to the news media sector”, the government said, to “support the employment and critical work of journalists”.

Source: Australia to tax Meta if it doesn’t pay news publishers

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